Davin Sons Retail (BOM:544331) ROA %: 2.03% (As of Mar. 2026) — 89% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544331 Davin Sons Retail Ltd BOM:544331
21 GF Score
Price ₹32.99
! 5 Warning Signs
View Full Analysis

What is Davin Sons Retail ROA %?

Davin Sons Retail BOM:544331 +17.82% 21 ROA % is 2.03% as of Mar. 2026, which is 89% below its 10-year median of 18.13. GuruFocus rates BOM:544331 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 570 Conglomerates companies, Davin Sons Retail ranks better than 64.04% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Davin Sons Retail's annualized Net Income for the quarter that ended in Mar. 2026 was ₹4.09 Mil. Davin Sons Retail's average Total Assets over the quarter that ended in Mar. 2026 was ₹201.31 Mil. Therefore, Davin Sons Retail's annualized ROA % for the quarter that ended in Mar. 2026 was 2.03%.

The historical rank and industry rank for Davin Sons Retail's ROA % or its related term are showing as below:

BOM:544331' s ROA % Range Over the Past 10 Years
Min: 3.75   Med: 18.13   Max: 24.57
Current: 3.87

During the past 5 years, Davin Sons Retail's highest ROA % was 24.57%. The lowest was 3.75%. And the median was 18.13%.

BOM:544331's ROA % is ranked better than
64.04% of 570 companies
in the Conglomerates industry
Industry Median: 2.545 vs BOM:544331: 3.87

Davin Sons Retail  (BOM:544331) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=4.088/201.3085
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.088 / 82.348)*(82.348 / 201.3085)
=Net Margin %*Asset Turnover
=4.96 %*0.4091
=2.03 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Davin Sons Retail ROA % Related Terms


Davin Sons Retail ROA % Historical Data

* Premium members only.

The historical data trend for Davin Sons Retail's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Davin Sons Retail ROA % Chart

Davin Sons Retail Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
0.00 24.57 24.50 11.76 3.75

Davin Sons Retail Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % Get a 7-Day Free Trial 0.00 15.34 12.44 5.93 2.03

BOM:544331 vs HON, MMM: ROA % Comparison

For the Conglomerates subindustry, Davin Sons Retail's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Davin Sons Retail ROA % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Davin Sons Retail's ROA % distribution charts can be found below:

* The bar in red indicates where Davin Sons Retail's ROA % falls into.


BOM:544331
21GF Score
Davin Sons Retail Ltd BOM:544331
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Davin Sons Retail ROA % Calculation

Davin Sons Retail's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=7.694/( (194.437+215.931)/ 2 )
=7.694/205.184
=3.75 %

Davin Sons Retail's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=4.088/( (186.686+215.931)/ 2 )
=4.088/201.3085
=2.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 2.03% mean?
Davin Sons Retail (BOM:544331) has a ROA % of 2.03% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Davin Sons Retail and its competitors. This is 89% below median its historical median of 18.13. Over the past decade, Davin Sons Retail's ROA % has ranged from 3.75 to 24.57. According to the industry distribution chart, Davin Sons Retail ranks #205 out of 570 companies in the Conglomerates industry, placing it in the top 36%.
Is Davin Sons Retail's ROA % too high?
Davin Sons Retail's current ROA % of 2.03% is 89% below median its 10-year median of 18.13. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 24.57. The Conglomerates industry median ROA % is 2.55. Davin Sons Retail's value of 2.03% is 20.2% below this industry median. Based on the distribution chart, Davin Sons Retail ranks #205 out of 570 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Davin Sons Retail has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Davin Sons Retail's ROA % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Davin Sons Retail ranks #205 out of 570 companies for ROA %. This puts Davin Sons Retail in the upper half of its industry. The industry median ROA % is 2.55. Davin Sons Retail's value of 2.03% is 20.2% below this benchmark. Historically, Davin Sons Retail's own ROA % has ranged from 3.75 to 24.57 over the past decade. While the company's 10-year median is 18.13 vs. the industry median of 2.55, Davin Sons Retail has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Conglomerates company?
The median ROA % among Conglomerates companies is 2.55, based on 570 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Davin Sons Retail's current ROA % of 2.03% is 20.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Davin Sons Retail and its competitors. For the Conglomerates industry, the median ROA % is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Davin Sons Retail's current ROA % is 2.03%, which is 89% below median its own 10-year median of 18.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Davin Sons Retail stock overvalued right now?
Davin Sons Retail (BOM:544331) has a current ROA % of 2.03%. The current ROA % is 2.03%, which is 89% below median its 10-year median of 18.13 and 20.2% below the Conglomerates industry median of 2.55. Davin Sons Retail's overall GF Score™ is 21/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Davin Sons Retail (BOM:544331), the current ROA % is 2.03% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Davin Sons Retail Business Description

Address Road No. 44, 609, Sixth Floor, P.P. City Centre Plot No. 3, Pitampura Rani Bagh, North West Delhi, Delhi, IND, 110034
Davin Sons Retail Ltd operates through two main business verticals: manufacturing readymade garments and distributing fast-moving consumer goods (FMCG). The company designs and produces a variety of garments, including jeans, denim jackets, and shirts for other brands, outsourcing manufacturing on a job-work basis. Its FMCG distribution arm handles branded packaged foods, beverages such as non-alcoholic energy drinks, snacks, and other products, serving a broad customer base across several Indian states. Davin Sons Retail generates revenue from garment sales and FMCG product distribution; the majority of revenue is from the FMCG products.
21GF Score

Get the complete analysis for BOM:544331

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹32.99
Price